Car Credit Expert is a trading style of IHMC Ltd, authorised and regulated by the Financial Conduct Authority (FCA number 767708) for credit brokerage. We act as a credit broker, not a lender.

How We Are Paid

We do not usually charge you a fee for introducing you to a finance provider. Instead, we may receive a commission from the lender if you enter into a finance agreement they have offered you through our introduction.

The amount of commission we may receive can vary depending on the lender and the finance product involved. It is normally paid by the lender out of their own margin and is not an additional amount added on top of what the lender separately charges you.

Why This Matters

We think it’s important that you understand how we’re paid before you decide whether to proceed with a finance application through us. Because commission arrangements can vary between lenders and products, we’ll confirm the specific arrangement that applies to your finance offer, and full details are available on request at any point before you commit to an agreement.

Motor-Finance Commission and the FCA

The FCA has reviewed how commission has historically been used in motor finance across the industry, including arrangements where a broker’s commission could be linked to the interest rate a customer was charged. Where a complaint relates to commission arrangements connected with a previous motor-finance agreement, we handle it in accordance with the FCA rules and guidance applying at the time — see our How to Make a Complaint page for how to raise this with us.

Written Quotations

A written quotation setting out the commission arrangement relevant to your finance offer is available on request, free of charge, before you enter into any agreement.

Questions About Commission

If you have any questions about how we’re paid for a specific introduction, please contact us and we’ll be happy to explain.

Telephone: 01895 814 814
Email: mail@carcreditexpert.co.uk

Car Credit Expert is a trading style of IHMC Ltd (company number 10356024), authorised and regulated by the Financial Conduct Authority (FCA number 767708) for credit brokerage. We act as a credit broker and not a lender. Finance is subject to status, affordability, lender criteria and terms and conditions.